ZUnclassifiedEIN: 237431264

Goodwill Industries of Southern New England INC

North Haven, Connecticut

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.90×
Peer Median5.86×
💰
$40.8M
Total Revenue
📊
$36.3M
Total Expenses
🏦
$32.7M
Net Assets
📋
$19.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.9%
Year-over-year change (2022 → 2023)
Net Margin
+11.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.90
Net assets divided by total expenses
Liabilities-to-Assets
37.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$40,753,2607%$36,286,75513%$52,102,68610%
2022$38,129,5432%$31,982,9569%$47,400,38774%
2021$37,266,46858%$29,379,87416%$27,252,45420%
2020$23,560,58215%$25,349,4879%$22,710,6516%
2019$27,626,2872%$27,802,75813%$21,350,3221%
2018$27,025,09717%$24,519,5767%$21,046,30113%
2017$23,108,7143%$22,956,0291%$18,670,260
2016$23,785,5511%$23,227,174$18,720,27228%
2015$23,566,2761%$23,132,860$14,596,9392%
2014$23,365,9303%$23,108,5626%$14,272,4974%
2013$22,709,4122%$21,839,9225%$13,748,9746%
2012$22,167,1659%$20,816,7024%$12,941,09513%
2011$20,271,240$19,925,394$11,450,011

Frequently Asked Questions

What does Goodwill Industries of Southern New England INC do?

Goodwill Industries of Southern New England INC is a unclassified nonprofit organization based in Connecticut. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodwill Industries of Southern New England INC financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Industries of Southern New England INC has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Goodwill Industries of Southern New England INC generate?

Goodwill Industries of Southern New England INC reports $43.4M in annual revenue and holds $57.2M in total assets, based on IRS filings.

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